U.S.firms have complained about the Foreign Corrupt Practices Act for the following reason:

Question

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The Foreign Corrupt Practices Act (FCPA) prohibits U.S. companies from bribing foreign officials to gain a business advantage. U.S. firms argue that this law places them at a competitive disadvantage compared to their foreign rivals who may not be subject to similar restrictions and can engage in practices that are off-limits for U.S. companies under the FCPA.

USfirms Have Complained About the Foreign Corrupt Practices Act for the Following